Thirdweb Acquires Blocktorch to Expand Web3 Infrastructure Across Every EVM Chain

Areta Advises Blocktorch on Acquisition by Thirdweb

Jun 18, 2024

Thirdweb Acquires Blocktorch to Expand Web3 Infrastructure Across Every EVM Chain

Areta Advises Blocktorch on Acquisition by Thirdweb

Jun 18, 2024

Summary

M&A
Thirdweb
Infrastructure

Blocktorch’s mission is to empower engineering teams building decentralized applications through a comprehensive observability platform that enables seamless development, monitoring, and optimization at scale. The platform helps teams improve performance and user experience by providing the visibility and tools needed to ship confidently as adoption grows.

Thirdweb, a leading Web3 development framework, acquired Blocktorch to enhance its end-to-end infrastructure offering, including wallets, on-chain deployment, backend services, RPCs, and indexers. The transaction expands Thirdweb’s full-stack capabilities across every EVM chain and reinforces its position as one of the leading infrastructure providers for Web3 developers.

Areta acted as the exclusive financial advisor to Blocktorch, supporting the company throughout the transaction, introducing strategic acquirers, and managing a process that optimized both strategic alignment and shareholder outcomes.

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